Archive for July, 2009

5556 SE Ash – 3 Bedroom SE Home

I recently helped clients buy this 3 bd/2.1 ba home in SE Portland . If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

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Appraisals and the new HVCC

On May 1st, 2009 the Home Valuation Code of Conduct [HVCC] went into effect. This new program sounds like a good idea on first glance but has some serious flaws. FAQ on HVCC guidelines HERE. Basically it prohibits lenders from choosing an appraiser, they now have to randomly choose from a list or go through [...]

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Sales Volume Report – July 2009

728 homes were sold in Portland in June, up from 571 in May. I had predicted 600 and this is one of those times I’m happy to be wrong! While not quite up to last years numbers this is a good sign considering where we were at a few months ago. Average sold price continues [...]

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Portland Report Summer 2009

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102% Financing through USDA adds 9 areas

The USDA loan program is a fantastic option for buyers in rural areas that allows 102% financing. Last week the USDA added 9 areas to their list of qualified locations. There are income limits but the rates are competitive. Newly eligible areas: Altamont, Coos Bay, Cornelius, Forest Grove, Klamath Falls, North Bend, Roseburg, Wilsonville, and [...]

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4521 N Commercial – 2 bedroom Mississippi area home

I recently helped a client sell this updated home in the Mississippi area. Summer is here and the Portland market is sizzling! If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.748.8206. I’m here to help you with any of your real estate needs and [...]

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Portland Inventory Report – July 2009

I have put together this localized home inventory report to give context to the metro statistics that often make headlines. Real estate is a local affair and this report shows which parts of town and which types of property are selling and which ones are sitting. Inventory is figured in months with 6 months being [...]

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